reminder: reduction in dpa amounts
Effective immediately: the following CHFA down payment (DPA) options are now
available for new loans locked on or after April 1, 2019:
CHFA DPA Grant Option
CHFA Second Mortgage Loan Option
- May not exceed 3 percent (previously 4 percent) of the CHFA First Mortgage Loan amount
Loans locked prior to April 1, 2019, will not be affected. However, please note that exceptions will not be made. For example, if a lender cancels a lock made prior to April 1, 2019 and then requests a relock on a new property on or after April 1, 2019, the lock is subject to new DPA levels.
- May not exceed 4 percent (previously 5 percent) of the CHFA First Mortgage Loan amount
Please contact us should you have questions.
CHFA Home Finance
303.297.7376 or 888.320.3688 Denver
970.241.2341 or 800.877.8450 Western Slope